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Radiant Capital suspended its lending marketplace due to cyber security vulnerabilities on BNB Chain and Arbitrum. Web3 security firm De.Fi estimates the breach has resulted in approximately $58 million in losses. The Radiant team is working with multiple security firms and will provide an update as soon as possible.
On July 20, Singaporean comedian Mark Lee was suddenly interrupted by a call from the Monetary Authority of Singapore (MAS) when he claimed to be able to make profits by registering Immediate Mentax 0.7, an AI-powered cryptocurrency trading platform, for free during a live broadcast, demanding that the show be stopped immediately. Li Guohuang was then detained by the police, but was released shortly after. At present, several Singaporean banks have filed charges against Li Guohuang.
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